According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $7,038,246,784,182.94 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $800,000,000,000 in the year 1967 would cost $7,838,246,784,182.94 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for food and beverages was higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $800,000,000,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1967 | $800,000,000,000.00 | - |
| 1968 | $829,156,741,305.38 | 3.64% |
| 1969 | $870,319,199,618.87 | 4.96% |
| 1970 | $917,770,366,841.35 | 5.45% |
| 1971 | $945,974,273,463.55 | 3.07% |
| 1972 | $985,040,495,474.04 | 4.13% |
| 1973 | $1,115,959,980,943.31 | 13.29% |
| 1974 | $1,269,556,931,872.32 | 13.76% |
| 1975 | $1,376,655,550,262.03 | 8.44% |
| 1976 | $1,419,151,977,131.97 | 3.09% |
| 1977 | $1,503,763,696,998.57 | 5.96% |
| 1978 | $1,650,690,805,145.31 | 9.77% |
| 1979 | $1,827,536,922,343.97 | 10.71% |
| 1980 | $1,983,992,377,322.53 | 8.56% |
| 1981 | $2,138,161,029,061.46 | 7.77% |
| 1982 | $2,225,250,119,104.34 | 4.07% |
| 1983 | $2,274,797,522,629.82 | 2.23% |
| 1984 | $2,360,362,077,179.61 | 3.76% |
| 1985 | $2,415,435,921,867.56 | 2.33% |
| 1986 | $2,494,140,066,698.43 | 3.26% |
| 1987 | $2,595,712,243,925.68 | 4.07% |
| 1988 | $2,702,810,862,315.39 | 4.13% |
| 1989 | $2,856,026,679,371.13 | 5.67% |
| 1990 | $3,020,485,945,688.42 | 5.76% |
| 1991 | $3,128,156,264,888.04 | 3.56% |
| 1992 | $3,171,414,959,504.53 | 1.38% |
| 1993 | $3,237,732,253,454.03 | 2.09% |
| 1994 | $3,313,006,193,425.44 | 2.32% |
| 1995 | $3,404,287,756,074.32 | 2.76% |
| 1996 | $3,515,007,146,260.12 | 3.25% |
| 1997 | $3,607,241,543,592.19 | 2.62% |
| 1998 | $3,683,849,452,120.06 | 2.12% |
| 1999 | $3,763,125,297,760.84 | 2.15% |
| 2000 | $3,850,023,820,867.08 | 2.31% |
| 2001 | $3,969,128,156,264.89 | 3.09% |
| 2002 | $4,042,115,292,996.66 | 1.84% |
| 2003 | $4,128,632,682,229.63 | 2.14% |
| 2004 | $4,267,937,112,910.91 | 3.37% |
| 2005 | $4,371,605,526,441.16 | 2.43% |
| 2006 | $4,474,130,538,351.60 | 2.35% |
| 2007 | $4,649,061,457,837.06 | 3.91% |
| 2008 | $4,898,909,957,122.44 | 5.37% |
| 2009 | $4,990,930,919,485.47 | 1.88% |
| 2010 | $5,030,601,238,685.09 | 0.79% |
| 2011 | $5,210,845,164,363.98 | 3.58% |
| 2012 | $5,343,569,318,723.20 | 2.55% |
| 2013 | $5,418,940,447,832.30 | 1.41% |
| 2014 | $5,544,320,152,453.55 | 2.31% |
| 2015 | $5,643,929,490,233.45 | 1.80% |
| 2016 | $5,663,329,204,383.04 | 0.34% |
| 2017 | $5,713,284,421,152.93 | 0.88% |
| 2018 | $5,793,534,063,839.92 | 1.40% |
| 2019 | $5,900,249,642,686.99 | 1.84% |
| 2020 | $6,097,181,515,007.15 | 3.34% |
| 2021 | $6,330,180,085,755.12 | 3.82% |
| 2022 | $6,936,306,812,767.99 | 9.58% |
| 2023 | $7,328,926,155,312.05 | 5.66% |
| 2024 | $7,492,922,343,973.32 | 2.24% |
| 2025 | $7,703,172,939,495.00 | 2.81% |
| 2026 | $7,838,246,784,182.94 | 1.75%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food and beverages:
| Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 34.983 | 36.258 | 38.058 | 40.133 | 41.367 | 43.075 | 48.800 | 55.517 | 60.200 | 62.058 | 65.758 | 72.183 | 79.917 | 86.758 | 93.500 | 97.308 | 99.475 | 103.217 | 105.625 | 109.067 | 113.508 | 118.192 | 124.892 | 132.083 | 136.792 | 138.683 | 141.583 | 144.875 | 148.867 | 153.708 | 157.742 | 161.092 | 164.558 | 168.358 | 173.567 | 176.758 | 180.542 | 186.633 | 191.167 | 195.650 | 203.300 | 214.225 | 218.249 | 219.984 | 227.866 | 233.670 | 236.966 | 242.448 | 246.804 | 247.653 | 249.837 | 253.346 | 258.013 | 266.625 | 276.814 | 303.319 | 320.488 | 327.659 | 336.853 | 342.760 |